Latest disciplinary actions involve insurance commissions, including case of Florida planners who lost a lawsuit e organization.
If confirmed, Preston Rutledge would serve as assistant secretary of Labor and head of the Employee Benefits Security Administration.
The ERISA Industry Committee is seeking an injunction against the program's new reporting requirements.
The case serves as a reminder to 401(k) record keepers that they may be considered fiduciaries even without exercising discretion over plan assets.
Passive investments, already eating away at active managers' assets, are getting another boost.
CFPB has logged more than 72,000 complaints over the past six years.
The measures, which include revising the accredited investor standard and safeguarding those who report elder financial abuse, head to the House floor but face varying degrees of difficulty in the Senate.
Indexed and variable annuities are likely to get a big bump in sales if the rule is delayed until July 2019.
Given the stark decline in the number of brokerages over the past 10 years, the chief regulator is looking for 'steps we can take to create an environment to help small firms be successful.'
The agency is working toward a goal of examining every RIA at least once every five years.
President would argue middle class stands to benefit from corporate tax cuts.
Preston Rutledge, the senior aide on the Senate Finance Committee, could become the next DOL assistant secretary for the Employee Benefits Security Administration.
There are still many obstacles, especially for retirement plan advisers within independent broker-dealers.
Jack McBride allegedly wrote checks to a client to cover margin interest charges, while Stuart Pearl allegedly made unsuitable recommendations.
Overlooking price discounts and pushing early rollovers can land firms in hot water
Managing director Lisa Bleier set to testify in Nevada workshop on state's new fiduciary law.
Robert Cook, sitting down with critic David Burton of the Heritage Foundation, says Finra may become more open with board deliberations and how it spends fine money.
The regulation would have eliminated business-valuation discounts used to reduce estate and gift taxes.
The CFA is calling on regulators to investigate whether brokers are moving clients to higher-cost, fee-based accounts, which it says would be a violation of the DOL rule.
